crypto News Fantom Defi Ecosystem has become the third largest blocked funds

Fantom Defi Ecosystem has become the third largest blocked funds

Fantom Defi Ecosystem has become the third largest blocked funds

The Fantom smart contract platform surpassed Binance Smart Chain (BSC) in terms of blocked assets (TVL) and reached the third line of the rating with an indicator of $ 12 billion, according to Defillama.

The second place is occupied by Terra, which displaced the BSC in December 2021 and continues to hold the position. Leading with a large margin of Ethereum.

At the time of writing in Fantom, the funds of 129 protocols supporting the network were blocked. Over the past seven days, TVL on the blockchain added more than 48%, in a month the increase was 162%.

The dominant in the ecosystem is the Multichain cross-focus with an indicator of $ 7.03 billion, operating for another 13 blockchains.

The leader is followed by 0xDao and SPOOKYSWAP projects with TVL $ 3.94 billion and about $ 976 million, respectively. These Defi Protokols support only Fantom.

January 17, 2021, the price of a fantom (FTM) of a maximum maximum recorded in October – $ 3.46 (Coingecko). Over the past week, https://gagarin.news/news/china-is-testing-cbdc-in-the-public-transport-system/ the asset was adjusted with the market and is trading at $ 1.92.

Token capitalization is about $ 4.85 billion. In the overall rating of cryptocurrencies in terms of FTM is located in 28 place. The main amount of trading is on Binance and OKX (earlier OKEX).

Recall that in January, the Multichain protocol found a vulnerability that the attackers managed to take advantage of. According to PeckShield, the damage was at least 450 ETH.

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